Effective from 1 January 2012, Fredy Hiltmann (56) is to be appointed as a new member of the Executive Board of SIMONA AG. Hiltmann will oversee the area of Corporate Finance (Chief Financial Officer). Having completed a vocational training programme in the field of business, Hiltmann studied Economics & Business Administration (HWV). He held senior positions at a number of global corporations, including Siemens AG and Georg Fischer AG. Most recently, Hiltmann was employed as Chief Financial Officer by the Metalor Group. Mr. Hiltmann is Swiss national.
By mutual consent with the Board, Chief Sales Officer Detlef Becker (51) will step down from his active role as a member of the Executive Board at the end of 30 September 2011. He has been an Executive Board member of SIMONA AG since 1 April 2008. His role in the company will be assumed by Wolfgang Moyses, Chief Executive Officer of SIMONA AG.
About SIMONA SIMONA AG is a manufacturer of thermoplastic products with production facilities and sales offices around the globe. The company´s product portfolio includes semifinished products (sheets, profiles, welding rods), pipes and fittings as well as finished parts. SIMONA employs more than 1,200 people worldwide. In total, 35,000 products for a diverse range of applications are manufactured at facilities in Germany and abroad. Annual production exceeds 100,000 tonnes. SIMONA AG is a stock corporation listed in the General Standard. The company´s registered office is in Kirn, Rhineland-Palatinate (Germany).